Will we receive a discount for updating our roofs to high-grade shingles?

In many cases, yes. Upgrading to impact-resistant, Class 4 shingles can qualify your association for premium discounts, often ranging from 5 to 35%, depending on the carrier. These shingles are more durable and better able to withstand hail and severe weather, which reduces risk and makes the property more attractive to insurers. Keep in mind that discount availability and amounts vary by carrier and policy.